The Bihar Gramin Bank branch in Manjhi is located in the Saran district of Bihar, a key area for local commerce and community services. When you need to send or receive money electronically, understanding the bank’s IFSC (Indian Financial System Code) is crucial. This unique code is essential for various digital money transfers, including NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service). It acts like a digital address, ensuring your funds reach the correct bank and branch quickly and securely.
Branch Details
Here are the specific details for the Bihar Gramin Bank Manjhi branch:
| Bank Name | Bihar Gramin Bank |
| Branch Name | Manjhi |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 108043 |
| Branch Address | Manjhi, SARAN, 841313, 9297955252 |
| Contact Number | 9297955252 |
| City | SARAN |
| District | SARAN |
| Reason | CHAPRA |
| Pincode | 841313 |
| State | Bihar |
Merger Update
Bihar Gramin Bank, like many regional rural banks, has undergone structural changes over time. Historically, banks such as Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) served different regions of Bihar. These banks, along with others, were eventually merged and restructured to form the current Bihar Gramin Bank. This bank is sponsored by Punjab National Bank.
As a result of this restructuring, all branches of Bihar Gramin Bank now operate under a unified IFSC code structure provided by Punjab National Bank. The IFSC code for the Manjhi branch, PUNB0MBGB06, reflects this new system. It is important to note that any old IFSC codes previously used by UBGB or DBGB branches are now revoked and are no longer valid for transactions. Always use the new, unified IFSC codes, such as PUNB0MBGB06, for all your fund transfers to ensure they are processed correctly.
What is an IFSC Code?
The IFSC Code stands for Indian Financial System Code. It is an 11-character alphanumeric code that uniquely identifies every bank branch in India participating in the NEFT, RTGS, and IMPS systems. This code helps the banking system direct funds to the correct destination.
The 11 characters are structured in a specific way:
- The first four characters identify the bank. For example, in PUNB0MBGB06, “PUNB” stands for Punjab National Bank, the sponsoring bank for Bihar Gramin Bank.
- The fifth character is always a “0” (zero). This character is reserved for future use and helps maintain uniqueness.
- The last six characters identify the specific branch. In PUNB0MBGB06, “MBGB06” identifies the Manjhi branch of Bihar Gramin Bank.
How to Use an IFSC Code
Using an IFSC code is straightforward when you’re setting up a digital fund transfer. Here are the steps for common transaction types:
- For NEFT (National Electronic Funds Transfer): This system processes transfers in batches. To use NEFT, you need the beneficiary’s name, bank account number, bank name, and the correct IFSC code for their branch. Enter these details into your online banking portal or mobile app.
- For RTGS (Real Time Gross Settlement): RTGS is for large value transactions and processes them individually and in real-time. Similar to NEFT, you will need the beneficiary’s name, bank account number, bank name, and the specific IFSC code. Ensure all details are accurate, as RTGS transfers are final.
- For IMPS (Immediate Payment Service): IMPS offers instant 24/7 transfers, even on holidays. You can use IMPS with either the beneficiary’s account number and IFSC code, or with their mobile number and MMID (Mobile Money Identifier). For account-based transfers, the IFSC code is essential to direct the funds instantly.
Always double-check the IFSC code and account details before confirming any transaction. An incorrect IFSC code could cause delays or lead to the funds being sent to the wrong account.
Benefits of Knowing the IFSC Code
Knowing the correct IFSC code for your bank or the beneficiary’s bank offers several important benefits:
- Accurate Fund Transfers: It ensures that your money reaches the intended bank branch without errors.
- Faster Transactions: With the correct IFSC, NEFT, RTGS, and IMPS transactions are processed smoothly and quickly.
- Security: It adds an extra layer of verification, making digital transactions more secure by routing them precisely.
- Convenience: You can easily initiate and receive electronic payments from anywhere, at any time, using online banking or mobile apps.
- Essential for Digital Banking: The IFSC code is a fundamental requirement for almost all digital banking services involving fund transfers.
Contact Information
If you need to contact the Bihar Gramin Bank Manjhi branch or the head office, here are the details:
- Branch Phone Number: 9297955252
- Branch Address: Manjhi, SARAN, 841313, Bihar
- Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
- Toll-Free Number: 18001807777
Frequently Asked Questions
Here are some common questions about IFSC codes and Bihar Gramin Bank:
What if I enter a wrong IFSC code during a transfer?
If you enter an incorrect IFSC code, your transaction will likely fail and be returned to your account. In some rare cases, if the incorrect IFSC code corresponds to another valid branch and the account number also matches, the funds could be sent to the wrong recipient. Always verify the IFSC code carefully.
Is the IFSC code different for every branch of Bihar Gramin Bank?
Yes, each individual branch of Bihar Gramin Bank has a unique IFSC code. While the first few characters (PUNB0MBG) might be similar across branches of Bihar Gramin Bank, the last six characters will be different to identify the specific branch.
Can I find the IFSC code on my bank passbook or cheque book?
Yes, the IFSC code is typically printed on your bank passbook and on the top left corner of your cheque leaves. You can also find it on your bank’s official website or through various third-party financial websites.
Do I need an IFSC code for cash deposits or withdrawals at the branch?
No, an IFSC code is not required for cash deposits or withdrawals made directly at the bank branch. It is primarily used for electronic fund transfers between different banks and branches.
Has Bihar Gramin Bank always been sponsored by Punjab National Bank?
Bihar Gramin Bank was formed through the amalgamation of various regional rural banks in Bihar. While it has a history of different sponsoring banks for its predecessor entities, it is currently sponsored by Punjab National Bank, which influences its IFSC code structure.
Kritti Kumari is a banker and MBA graduate who writes about banking, finance, and customer-friendly services. She simplifies complex financial products into easy guides, helping readers understand Bihar Gramin Bank’s offerings and make smarter money decisions.